“As the COVID-19 pandemic has progressed over the past several months, participants in the insurance industry have recognized the likelihood of a resulting increase in claims volume,” Jeffrey L. Kingsley, and Michael E. Longo, and Adam R. Durst write in Claims Journal. “Much of the early focus has been on the ramifications to insurers that write business interruption policies. However, a broader look reveals that many disparate lines of coverage are likely to see a significant boost in claims, whether directly caused by the pandemic itself or by social, institutional and governmental reaction to it.”
In their article, Jeff, Adam, and Mike analyze anticipated claims, cases to watch, and other issues arising under business interruption, event cancellation, commercial general liability (CGL), directors and officers (D&O), insurance agent and brokers errors and omissions (E&O), and workers’ compensation and employer’s liability lines.
“Viewpoint: Anticipated Coronavirus Claims Scenarios Across Major Coverage Lines,” Claims Journal, April 7, 2020
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